Speaker 1: Hey, hey, Hey, Well I was I got to say
Speaker 1: hey hey in Greek.
Speaker 2: Just say it with a Greek accent.
Speaker 1: A A. I don't know. I don't know what a
Speaker 1: Greek accent sounds like. They actually it sounds a lot
Speaker 1: like Italian. When I heard people speaking, I was like,
Speaker 1: that sounds like Italian, but.
Speaker 2: No sense to any of our Greek listeners.
Speaker 1: I'm sorry, I don't have a good scope of reference.
Speaker 2: Oh man, You're tripis amazing.
Speaker 1: Yeah, you know, we didn't introduce ourselves.
Speaker 2: I'm Tiffany, I'm jealous. Oh I'm Mandy is Brown.
Speaker 1: The Greek edition. No, honestly, I have to say you
Speaker 1: ever have you ever been like, oh my goodness, I
Speaker 1: have a taste for something and you're not really sure
Speaker 1: what and then you order something or you eat something
Speaker 1: and it's exactly what you had to taste for.
Speaker 2: Yeah, sure that's what.
Speaker 1: That's exactly how my trip got, like where it was like, huh,
Speaker 1: what should I order from the menu? Should I get
Speaker 1: a burger? Should I get this? Should I get that?
Speaker 1: You know what? I'm gonna go with the fish? And
Speaker 1: it's like your mouth and your belly is like, yes,
Speaker 1: this is what we needed, Like Honestly, it's definitely I
Speaker 1: would say top five trips of my lifetime. And I've
Speaker 1: traveled to over thirty different countries, but definitely top five.
Speaker 2: Oh my, what did you guys like? What made it
Speaker 2: so special?
Speaker 1: Pray tell Honestly, it was just because I've been to
Speaker 1: Santorini before. That's why I went this time. It was
Speaker 1: because a few things that it's so uniquely beautiful and
Speaker 1: like just so esthetically pleasing to the eye. Santorini is
Speaker 1: very chill, like there's a neighboring island. It's a so
Speaker 1: Santerini's part of like a series of kind of like
Speaker 1: Greek islands. So Mikonos, which is next to Santorini is
Speaker 1: like the party island, but Santorini is not. So it's
Speaker 1: super chill. The vibe is super chill. The food was amazing.
Speaker 1: It just was so relaxing. I mean it was almost
Speaker 1: comotose and for the first time, like I did a
Speaker 1: ton of work before I left, and I was like,
Speaker 1: everybody leave me alone unless someone is dying then called
Speaker 1: the doctor and still leave me alone. And so like
Speaker 1: I checked in kind of like twice in Flack. I
Speaker 1: was like, is anybody dead and they're like no. And
Speaker 1: I remember Karen, who is my project manager, said Tiffany,
Speaker 1: if we have just like a quick question, can we
Speaker 1: ask it? I said absolutely not and she's like okay,
Speaker 1: And so like literally I just checked in twice just
Speaker 1: to make sure because I knew I thought I was like,
Speaker 1: it's payroll coming up, so I wanted to make sure
Speaker 1: that like I didn't get like some notification that I
Speaker 1: had to make a transfer for payroll. So just twice,
Speaker 1: but I literally did like no work. I think I
Speaker 1: opened my computer to like watch Netflix a little bit.
Speaker 1: I used my phone as it was intended for Instagram.
Speaker 1: It was so amazing. I mean it was just because
Speaker 1: it was so relaxing and I didn't realize just how
Speaker 1: much I needed to relax, and I just was so grateful.
Speaker 1: I came back feeling refreshed.
Speaker 2: Oh that sounds awesome. I could cry listening to you
Speaker 2: talk about that. I feel like I feel like I
Speaker 2: was asking my husband. I was like, when's the last
Speaker 2: time we did a vacation that was actually a vacation
Speaker 2: that we wanted to take. It wasn't like a wedding
Speaker 2: or a family reunion, and legit we haven't been anywhere
Speaker 2: since our honeymoon, like a year and a half ago,
Speaker 2: and I was like, how did that happen?
Speaker 1: You travel a lot, so it feels like, oh, I
Speaker 1: do go and you're like, no, that was for work.
Speaker 1: India was cool, but that was for work. Georgia was cool,
Speaker 1: but that was for this vacation. This, you know, this
Speaker 1: wedding or funeral or whatever. Yeah.
Speaker 2: I also talk myself out of it to way too much.
Speaker 2: I got to get better about that. I feel like
Speaker 2: a lot of our listeners probably do the same thing
Speaker 2: where I'm like, it's okay, one more month. Next month,
Speaker 2: I'm gonna go. The month after that, I'm gonna go.
Speaker 2: That's what I've been saying. I've been having the exact
Speaker 2: same conversation with my cell since probably January. Like I've
Speaker 2: almost planned three or four vacations in the last eight months,
Speaker 2: and I'm like, this, it's got to happen, like September,
Speaker 2: it has got to happen October. But here I am
Speaker 2: doing it again. I'm like, maybe not September, maybe October
Speaker 2: is better.
Speaker 1: Like, yeah, it was everything. I went to a black
Speaker 1: sand beach, which was epic. I took like a boat
Speaker 1: tour on like this thing like a pirate ship. It was.
Speaker 1: I want to go back.
Speaker 2: I mean I don't. I don't want to like steal
Speaker 2: your shine. But I did go to Mini Haha Falls
Speaker 2: in Minnesota this weekend and Minie Haha for the Ninaman
Speaker 2: family reunion, yes ha, which honestly was like the most
Speaker 2: stressful travel trip of my life.
Speaker 1: And I don't even really beautiful boat.
Speaker 2: Oh you know, it's cool. I did go to the
Speaker 2: Mall of America a bunch. Yeah it's huge, it's pretty big.
Speaker 2: It sure is.
Speaker 1: Nice, but yeah, I'm And meanwhile, I came back to
Speaker 1: three hundred you know, typically I keep my emails like
Speaker 1: around hovering around thirty or forty. I came back to
Speaker 1: like three hundred and fifty emails because like apparently they
Speaker 1: were trying something out. We're trying out a new email system.
Speaker 1: And my project manager told my my my assistant, like,
Speaker 1: I got the emails, but she was like, wait what
Speaker 1: wait what does this email do? Wait? And I came
Speaker 1: back and I was like, why what what? It's so
Speaker 1: many emails?
Speaker 2: Don't feel sorry for you. You had a week in Santorini.
Speaker 1: Yeah, I've said all Sunday like I woke up because
Speaker 1: I had jeed, Like I woke up like Sunday at
Speaker 1: like three am. By eight I was still sitting by
Speaker 1: the computer like my my life is a email because
Speaker 1: I was like, I'm not going with Monday with a
Speaker 1: bajillion emails and like starting the week off like this.
Speaker 1: So yeah, like welcome home.
Speaker 2: I love pre pre Monday work Sunday, right, Yes, I do.
Speaker 2: I do that too. I don't think it's I think
Speaker 2: when you have time, I don't know it makes it.
Speaker 2: If I can do one or two hours just to
Speaker 2: feel a little bit better on Monday morning, I think it's.
Speaker 1: Worth it is, honestly, and I do. I am. I
Speaker 1: pregame on Sundays all the time because I'm like, what
Speaker 1: you're not gonna do is kill me on Monday. You're
Speaker 1: not going to kill me Monday. Well, you know, I'm
Speaker 1: glad to I'm glad to be in act now.
Speaker 2: I'm glad to have you back. And hey, you didn't
Speaker 2: even miss a show. You're so good exactly. Let's hit
Speaker 2: up the social media real quick. I know we have
Speaker 2: some posts some people reacting to last week's episode, which
Speaker 2: if you didn't listen, go listen. We talked about how
Speaker 2: my disk assessment training changed my life forever as a manager,
Speaker 2: and I was surprised to see some people actually have
Speaker 2: taken the DISC training because I had never heard about
Speaker 2: it till we took it up at my at my
Speaker 2: company and a couple of listeners we had at who
Speaker 2: dat Lady Rowe said Mandy Woodjrif listening to this week's
Speaker 2: b A podcast, I heard about DISC from the Manager
Speaker 2: Tools pod and we did it as a department. I
Speaker 2: agree one hundred percent, highly recommend and it totally changed
Speaker 2: the way I communicate at work. I knew you were
Speaker 2: a high seat. Yes, I'm a high seat. I'm a
Speaker 2: high st and it nailed me as a perfectionist. And
Speaker 2: another tweet from at Ka Nary speaks Christy Calvert. She
Speaker 2: says at the BA podcast, I listened to the podcast
Speaker 2: today and I can't get It's love out of my head.
Speaker 2: Thanks ladies, I love this song. Wait did we sing
Speaker 2: that song?
Speaker 1: You know what? First of all, I let me tell
Speaker 1: you what's hilarious is that somebody was like, yo, I
Speaker 1: can't get the best out of my head.
Speaker 2: I thought that was maybe she's listening to an old
Speaker 2: episode I don't remember singing that song.
Speaker 1: I don't remember either, but you know we're always singing.
Speaker 2: Digging in the archives, digging in the archives, someone else
Speaker 2: on and skipping over to the grim. We had one
Speaker 2: listener so at nacho ins nachosena at Nachos, and Day said, so,
Speaker 2: I did a disassessment at my last job, and it
Speaker 2: confirmed everything I said about my work style and added
Speaker 2: some surprising stuff as well.
Speaker 1: Yes, be best.
Speaker 2: People love the disc. Are you gonna what are you
Speaker 2: gonna do? Disk assessment for the Budgetissa crew.
Speaker 1: Honestly, at this rate, I'll never dig my way out
Speaker 1: of what we are already have going on, but I
Speaker 1: do want to do you know it might do that
Speaker 1: the retreat. We have a retreat next month.
Speaker 2: Oh perfect for a retreat, mm hmm, totally perfect. There
Speaker 2: is a I put a link to last week's show
Speaker 2: notes it's episode one thirty nine. I put a link
Speaker 2: to There is a like shorter version because some people
Speaker 2: point it out that disc is like two hundred bucks
Speaker 2: if you buy it piecemeal, like on your own, which
Speaker 2: obviously is a lot for a personality test. But Tony
Speaker 2: Robbin self Help Guru has like a mini version of
Speaker 2: Disc on his website and it's free. But just know,
Speaker 2: if you sign up for it, you're giving your email.
Speaker 2: You're going to get all his junk mail. So I
Speaker 2: might you might. You might do what my husband did,
Speaker 2: which just sign up real quick with a junk email
Speaker 2: and then like just let the emails flood that junk account.
Speaker 1: Now. Yeah, and a lot of people have like a
Speaker 1: junk you have a junk email.
Speaker 2: Oh okaunt, Oh yeah for sure. Okay, It's what I
Speaker 2: give people at checkout, and it's what I give just
Speaker 2: any time. I know I'm going to get signed up
Speaker 2: for some newsletter but I want to save ten percent
Speaker 2: or whatever.
Speaker 3: Yeah, yes, it's time for brown break Brown boo.
Speaker 1: Ooh you know what I'm gonna take. I know what
Speaker 1: I'm gonna do. Sorry, I just thought about it because
Speaker 1: I just saw some shadiness on I was in the
Speaker 1: Twitter streets looking at our brown ambition folks that have
Speaker 1: been writing us, and I realized that, uh, there's some
Speaker 1: Twitter beef going on. So I'm actually gonna take a
Speaker 1: brown break from Twitter boost from Twitter beef because it
Speaker 1: just seems so ridiculous. So, you know, Nicki Minaj, I'm
Speaker 1: sure you're aware because you're a millennial heard of her?
Speaker 2: Right?
Speaker 1: So did you know that Nicki Minaj had an ex
Speaker 1: boyfriend that she was with for a very long time.
Speaker 1: Some people even say maybe I was her secret husband.
Speaker 1: His name is Safari. Are you aware?
Speaker 2: Ah?
Speaker 1: No?
Speaker 2: Am I in trouble?
Speaker 4: If I say no, you're the oldest oldest millennial of time.
Speaker 4: So anyway, Safari, who has been on love and hip hop?
Speaker 4: I know, I know all the drop because this is
Speaker 4: what I do when I'm not doing work. I need
Speaker 4: some ratchetness anyway.
Speaker 1: So I don't know what happened, but they've been going
Speaker 1: back and forth at each other on Twitter for no
Speaker 1: apparent reason. And Nicki Minaj is successful, she's beautiful, she
Speaker 1: has a new album out, and it just doesn't make
Speaker 1: sense to I don't know, fight on Twitter on social media.
Speaker 1: So I just want us all to take a.
Speaker 2: Brown break, Like, who's she fighting with?
Speaker 1: Safari? I don't know they've they've broken up. They broke
Speaker 1: up years ago, and so it's just Foolishis just made
Speaker 1: me think to myself that you know how people are,
Speaker 1: like they'll address like you know their their audience and
Speaker 1: say when someone says X y z T, you or
Speaker 1: they'll address some negativity or whatever. And I always say
Speaker 1: to myself, it's just really worth it, like, you know,
Speaker 1: like social media beef. You know, I just feel like
Speaker 1: like just even with our current you know, Commander in
Speaker 1: Chief addressing a woman as a dog on Twitter. So
Speaker 1: I just wanted to also take a brown break from
Speaker 1: social media beef because it just was like it lives
Speaker 1: on forever and it's so ugly and so unnecessary, you
Speaker 1: know what I mean.
Speaker 2: All Right, I'll stop calling you trash on Twitter?
Speaker 1: You back? I set?
Speaker 2: Yeah, who has time for Twitter? What about me? So
Speaker 2: I'm gonna give a brown So one thing I really
Speaker 2: give kudos to this weekend. So my poor uncle, I
Speaker 2: remember I said, I was at the Niniman family reunion.
Speaker 2: That's my grandma's side of the family. God rest her soul.
Speaker 2: So my uncle was in charge of bringing all of
Speaker 2: these photo albums, like compiling all the photos from the
Speaker 2: family onto some flash drives and onto laptops and stuff
Speaker 2: so we can set them up at our little reunion party.
Speaker 2: And the poor guy had to check his bag at
Speaker 2: the airport and ends up getting lost. The bag did
Speaker 2: not make it to the carousel. Either that or someone
Speaker 2: stole it off the carousel in Minneapolis. But fortunately, I
Speaker 2: mean unfortunately, because you can't replace you know, the flash
Speaker 2: stripes with the photos on them, or the laptop even
Speaker 2: but his credit card had lost baggage protection, and a
Speaker 2: lot of good travel cards have this, and I think
Speaker 2: he's covered for some of the monetary value of the
Speaker 2: possessions that he lost, which is pretty dope. So if
Speaker 2: you ever lose your baggage, check your check the credit
Speaker 2: card that you use to pay for the flight and
Speaker 2: see if you have baggage protection, because it's a nice
Speaker 2: little perk.
Speaker 1: Is that? Like? Do you know what kind of card
Speaker 1: he had?
Speaker 2: I didn't ask him, but I know, for example that
Speaker 2: the like, if you're paying an annual fee for a
Speaker 2: travel card, it's highly likely that they have some some
Speaker 2: type of lost baggage protection.
Speaker 1: Oh it does ours. You know, we have the adventure
Speaker 1: jump on a plane and jump on an airplane card. Remember
Speaker 1: I never know the.
Speaker 2: Name of our card, good time card.
Speaker 1: You're like, oh, is there an adventure? Wasn't aware?
Speaker 2: Let me bookmark back to check during the show and
Speaker 2: I'll let you know. Okay, but I'm pretty sure it does.
Speaker 2: But I don't want to misspeak.
Speaker 1: Okay, oh all right, Well we have questions. Question, how
Speaker 1: you gonna name that band?
Speaker 2: Mandy, name it?
Speaker 1: Name it? You have five second.
Speaker 2: That's a song.
Speaker 1: Oh my gosh. Question how you go? Wait?
Speaker 2: That's okay, that's Destiny's Child. But you didn't do them.
Speaker 2: I had to work really hard to put that in
Speaker 2: the right key.
Speaker 1: Oh my god, I am off key like a mug.
Speaker 1: Oh my gosh. Anyway, it's questioned.
Speaker 2: So our first question comes from listener Mikayla. She says, hey, ladies,
Speaker 2: I love the podcast. You guys are truly goals. I
Speaker 2: think this may be a case by Kse situation. But
Speaker 2: how much did you did you all or would you
Speaker 2: have liked to have saved by age thirty? Sometimes I
Speaker 2: feel like I'm rushing and my loans feel crippling from
Speaker 2: time to time. Can I think cation purchase a home
Speaker 2: and pay back my loan my loan debt from Mikayla,
Speaker 2: So basically, how much? How much? So we're both over thirty,
Speaker 2: but how much did we have saved? And how much
Speaker 2: do you wish you could have saved by age thirty?
Speaker 1: Let me tell you what I had saved that by
Speaker 1: age thirty. I had negative three hundred thousand. Okay, like legitimately,
Speaker 1: I owed a mortgage that I had foreclosed on. I
Speaker 1: had a fifty thousand dollars student loan debt, and I
Speaker 1: also had like thirty something thousand on like credit card
Speaker 1: debt and some other debts. Basically, yeah, so it was
Speaker 1: like a little over three hundred thousand. That's an at
Speaker 1: age thirty. Well, all my twenty nine, twenty thirtieth birthday,
Speaker 1: I had to move back home and sleep in my
Speaker 1: middle school bed and I stay with my parents for
Speaker 1: about a year. So that's what my life was looking
Speaker 1: like at thirty. So ideally, I probably would have liked
Speaker 1: to have I don't know, like maybe like fifty thousand
Speaker 1: dollars to fifty to one hundred thousand, I guess, like
Speaker 1: not necessarily saved in cash, but like cash for tiring,
Speaker 1: like you know, like assets, I guess. But honestly, thirty
Speaker 1: for me was such a crazy time because it was
Speaker 1: like the height of the recession, and so I was
Speaker 1: just trying to be like hmmm, beans and rice or just.
Speaker 2: Rice fair enough, fair enough, And yeah, well thirty was
Speaker 2: so long ago. It was a year ago, So about
Speaker 2: a year ago, if I'm not counting, so I didn't
Speaker 2: have debt when I was thirty, and I did start
Speaker 2: contributing to a four to one K when I was
Speaker 2: about twenty four, and I didn't mention. Mikaela says she's
Speaker 2: twenty two, so she has eight years. I was around
Speaker 2: her age when I opened up my first four or
Speaker 2: one K, and I had been slowly steadily paying it
Speaker 2: off and my income that had gotten increasingly bigger over
Speaker 2: the years, and by thirty, I would say I had
Speaker 2: saved about with four one K and my cash savings
Speaker 2: a little hundred one hundred thousand dollars at age thirty.
Speaker 2: But that that may sound like a lot of I mean,
Speaker 2: it is a lot, but I think I only got
Speaker 2: there because I started saving so early in my twenties
Speaker 2: and I wasn't earning very much when I was saving.
Speaker 2: But I'll tell you what happened. The timing was perfect
Speaker 2: for me, So I started saving in like twenty ten,
Speaker 2: at the bottom of the market. And so what happened is,
Speaker 2: like I can tell you one of my accounts I
Speaker 2: haven't even touched since I left my job that I
Speaker 2: first opened my four one K. I just kind of
Speaker 2: kept it in my Vanguard account, and it has made money, money, money,
Speaker 2: nothing but money in the year since the recession because
Speaker 2: the market has improved. We just yeah, it's been a
Speaker 2: really strong stock market lately. So everything I had invested
Speaker 2: at a low cost back in the twenty ten has
Speaker 2: just like boomed since then. And I couldn't predict that.
Speaker 2: But I'm so happy that I started investing early because
Speaker 2: my money has had time to grow over time. So well,
Speaker 2: I you a.
Speaker 1: Lucky ducky to have invested at the bottom. Meanwhile, I
Speaker 1: was like, let's see, I timed the market just right
Speaker 1: to be like, let me get it at the very
Speaker 1: tap and crash ooh it's a fun ride down.
Speaker 2: Yeah. You I don't know, you turned out fine. I
Speaker 2: think you're fine at Santorini.
Speaker 1: Yeah, well yeah, I mean I definitely was, you know,
Speaker 1: but it was Yeah. So I say, there's no real
Speaker 1: rhyme re like, you know what, honestly, this is a
Speaker 1: perfect illustration, right, Mandy. So you were you know, you
Speaker 1: got into the market perfect timing and it worked out great.
Speaker 1: I got into the market the worst timing and it
Speaker 1: still worked out great. So I guess I hope the
Speaker 1: lesson in all of that is really just like that,
Speaker 1: it's not so much it's not so much the things
Speaker 1: that you can't control, it's the ones that you can.
Speaker 1: So I lived really simply. I saved safe safe, and
Speaker 1: I began investing. And it took me really until like
Speaker 1: thirty five until I was a place to really be
Speaker 1: able to have enough to start investing. And now that
Speaker 1: I'm thirty eight and I'm more than fine. So I
Speaker 1: don't not I mean, the earlier you could start, the better,
Speaker 1: But it's never too late to do something, and it
Speaker 1: doesn't mean it's the end of the world just because
Speaker 1: something bad happens.
Speaker 2: Yeah, there's there's like really there's rule of thumbs out there,
Speaker 2: Like I was when I got Michaela's question. I remember
Speaker 2: JP Morgan Chase puts out this annual guide to retirement
Speaker 2: and in this guide they have this chart and it's
Speaker 2: kind of like find your age and then find your income,
Speaker 2: and then you know, you find the point on the
Speaker 2: chart and it kind of tells you what your target
Speaker 2: savings goal should be. So, for example, if I'm age thirty,
Speaker 2: I'm gonna put this chart in the notes of the podcast.
Speaker 2: But if I'm age thirty and I'm earning seventy five
Speaker 2: thousand dollars. This guide says I should be saving at
Speaker 2: least one point one point one times that household income.
Speaker 2: So what's one point one times over? So just about
Speaker 2: one year salary, So seventy five thousand bo boop bee poop.
Speaker 2: That's eighty two thousand, five hundred. That's how much you
Speaker 2: want to have saved by that time. Now, if you're
Speaker 2: listening right now, I know a lot of our listeners
Speaker 2: are in their thirty and they're in the car right
Speaker 2: now sweating. If you don't have that much saving and retirement,
Speaker 2: it's not meant to make you feel bad. If you're
Speaker 2: saving anything at all, it's better than, you know, obviously,
Speaker 2: saving nothing. But it's nice to have a goal to
Speaker 2: aspire to. It's nice to have something to want to achieve.
Speaker 2: But if you're like Mikayla, and one thing that she
Speaker 2: also mentioned in her notice that she has about fifty
Speaker 2: thousand dollars worth of student loan debt with AUTODI, it
Speaker 2: may not be possible to put that much money aside
Speaker 2: by age thirty. Maybe the next eight years for you
Speaker 2: are more about hunkering down and paying off that debt
Speaker 2: first because you have to look at paying off debt
Speaker 2: as a form of wealth building as well. I was lucky,
Speaker 2: and second times over because I went to a state
Speaker 2: school and I only graduated with seven thousand dollars in
Speaker 2: student loan debt, so I didn't have the big you know,
Speaker 2: student loan debt holding me back. And I completely I
Speaker 2: recognize that privilege. I recognize that fortune because I know,
Speaker 2: like a lot of my friends are struggling because they,
Speaker 2: you know, had more student student debt than I did.
Speaker 2: And you're you're only twenty two, you have so much
Speaker 2: time ahead of you. Yeah, So I would.
Speaker 1: Say, honestly, I would use the time, like Bady said,
Speaker 1: use this time to pay down debt. Use this time
Speaker 1: to stack stack, stack safe, safe, safe, so you can invest,
Speaker 1: quite honestly, exactly.
Speaker 2: And even if you're paying off your student loan debt
Speaker 2: right now, which is good, you know, continue doing that.
Speaker 2: You don't doesn't mean it doesn't mean that you don't
Speaker 2: need to open up a four to one K. You
Speaker 2: can open up your four to one K. Like if
Speaker 2: your company offers a match, at least contribute enough to
Speaker 2: capture that match, and then you know, contribute what you
Speaker 2: possibly as much as you possibly can to your four
Speaker 2: one K and then continue like increasing it as your
Speaker 2: debt starts going down over the years.
Speaker 1: Yeah, but all in now, if you put the work in,
Speaker 1: usually something that comes out.
Speaker 2: Yes, maam okay. So next question comes from listener Ashland.
Speaker 2: That's a cool name. I'm Ashland and I'm brown. Okay,
Speaker 2: wait a second, there was instructions. She said, please say
Speaker 2: this in a happy voice. I'm Ashland and I'm Brown. Yes, Aslan,
Speaker 2: So I have a quick wedding question. Ashland says, I
Speaker 2: recently got engaged and I've become low key overwhelmed with
Speaker 2: wedding planning. The wedding date is March thirtieth, twenty nineteen.
Speaker 2: Before the engagement, I never wanted a big wedding book, girl,
Speaker 2: things have changed.
Speaker 1: Show.
Speaker 2: I can just tell the parents are here. I can
Speaker 2: I just feel it coming. Things have changed. We are
Speaker 2: expecting at least two hundred or maybe a little more.
Speaker 2: My parents are pastor's guests at the wedding.
Speaker 1: Yeah.
Speaker 2: Ouch, that's like twice my wedding. I know you both
Speaker 2: understand me when I say weddings are expensive. I want
Speaker 2: a nice wedding, but I don't want to live in
Speaker 2: poverty fair enough? How do we as newly weds? What
Speaker 2: would you suggest regarding how to plan a nice wedding
Speaker 2: without breaking the bank. Any suggestions regarding how to effectively
Speaker 2: plan a budget friendly honeymoon would be appreciated as well.
Speaker 2: So how about those two hundred people? Can you cut
Speaker 2: like seventy five percent of them?
Speaker 1: Yeah? Because it's it's just there's no way to have
Speaker 1: a relatively inexpensive wedding and have three hundred people. I mean,
Speaker 1: like eat, like what a it's not going to be
Speaker 1: five dollars person? You know, well how much? What? How
Speaker 1: much did people cost per person for your wedding?
Speaker 2: I think about one hundred dollars? Actually I'm not I
Speaker 2: don't think I know one hundred and five dollars per person.
Speaker 2: That covered food and open bar and the venue and
Speaker 2: all that kind of stuff. So believe me, when when
Speaker 2: people didn't show up, I tap calculated how much money
Speaker 2: was spent.
Speaker 1: Oh yeah, and that sucks. We don't show up anyway,
Speaker 1: they owe you money. But I'm the worst person to ask,
Speaker 1: because honestly, I refused to participate. I was like, I sorry,
Speaker 1: got just clapping. Refused to participate.
Speaker 2: I refused, Well, you enjoyed that chicken biscuit bart my
Speaker 2: wedding Dinnis show.
Speaker 1: I honestly, yo, I'm not gonna lie. Mandy's wedding like,
Speaker 1: hands down, definitely top three weddings of all time, but
Speaker 1: that e been too. It was so much fun and honestly,
Speaker 1: and the reason why I didn't have one is not
Speaker 1: because I didn't. You know, I don't like the next things.
Speaker 1: I honestly hate planning events. I hate being the scent
Speaker 1: like if I'm speaking, that's fine, but I don't like
Speaker 1: personally as Tiffany, being the center of attention. I felt
Speaker 1: so uncomfortable the whole time. So I was like, okay, guys, bye, okay,
Speaker 1: guys bye. So yeah, that's why for me. You know,
Speaker 1: I spent twenty five hundred dollars. A friend of mine
Speaker 1: let us use her restaurant. It was like a Wednesday,
Speaker 1: and I got married at just as the piece and
Speaker 1: I had literally like Mandy, how many people were just saying,
Speaker 1: was that like maybe like thirty people? Yeah? Yeah, And
Speaker 1: that was it, Like, you know, we bought liquor from wherever.
Speaker 1: I'm like, do we even have hooker? I don't even know.
Speaker 1: I just was like, can you guys go home? I
Speaker 1: hate this, so but I say this that I would
Speaker 1: list the things that are the most expensive parts of
Speaker 1: your wedding and figure out how you can like dress, alcohol, venue,
Speaker 1: and figure out like what can what can you do,
Speaker 1: what unique things can you do to keep these these
Speaker 1: costs down? Because that's where well, I mean, I guess
Speaker 1: you say, Mandy, like what where were the places where
Speaker 1: you could kind of say, well, you know what, if
Speaker 1: we pull back here, we could still have something really
Speaker 1: nice over here.
Speaker 2: Yeah, a couple of strategies we use sour our wedding
Speaker 2: really wasn't unaffordable. I mean, one, we had the wedding
Speaker 2: that we wanted, so for me, the money that we
Speaker 2: spent was worth it in the end. So I think
Speaker 2: what happens if you're not having the wedding that you
Speaker 2: want and you're spending money on it, It just makes
Speaker 2: you feel like crap afterwards. So I would say take
Speaker 2: control early and set barriers. Set ground rules for your
Speaker 2: parents who want to keep adding guests. Talk to your
Speaker 2: parents if they're going to be adding guests, see if
Speaker 2: they'll actually pay for their pay for the cost of
Speaker 2: adding them to your reception because that's where the real
Speaker 2: money is spent at the reception. So one area that
Speaker 2: we definitely cut was on the flowers. We decided early
Speaker 2: that that's not any money that we wanted to spend,
Speaker 2: so we just like for my rehearsal dinner, my friends
Speaker 2: bought flowers from like the grocery store and they looked
Speaker 2: really nice, let me just tell you.
Speaker 1: And they were beautiful. I mean, I was gonna say,
Speaker 1: I didn't even notice like no flowers because it was
Speaker 1: so it was like twilight and you had beautiful flower
Speaker 1: It was beautiful. Honestly. You picked such a great location
Speaker 1: in Savannah, which is like one of my favorite American cities,
Speaker 1: that it just it added to like the ambiance, so
Speaker 1: I didn't I didn't miss flowers.
Speaker 2: Yeah, and like the setting, you know, just having it.
Speaker 2: Destination wedding in general sometimes helps you trim the guest
Speaker 2: list naturally because fewer people are likely to travel, and
Speaker 2: that's one way you could do it. If you if
Speaker 2: you can get away with doing a destination wedding, that
Speaker 2: sometimes can be more affordable and you kind of passed
Speaker 2: the cost onto your guests, but then you can kind
Speaker 2: of bill it as oh, you're getting an experience. Come
Speaker 2: to my wedding and you Puntacana or Florida or wherever. Yeah,
Speaker 2: and what Tiffany did too, where you had a private
Speaker 2: wedding and then a bigger reception afterward. That's one idea
Speaker 2: to invite some people to I don't know, maybe have
Speaker 2: a smaller Here's one way you can save, like Tiffany,
Speaker 2: if you had if you had had your your reception
Speaker 2: that you had the day after or sorry, the same
Speaker 2: day that you got married, if you did something like that,
Speaker 2: like a small intimate dinner where you're paying for everyone's
Speaker 2: food yliquer, and then afterward you have a bigger party,
Speaker 2: you know, at a public place where it's not like
Speaker 2: you're paying for food and drinks or anything.
Speaker 1: I like that A nice idea that could be.
Speaker 2: That could be one option too.
Speaker 1: Yeah, and honestly too, if you had the cash, like
Speaker 1: for the wedding. So let's just say you guys are
Speaker 1: saving and you have the cash. What I would do,
Speaker 1: just because you asked about the honeymoon is I would
Speaker 1: use a travel card to swipe for things and then
Speaker 1: pay off the card and then you know it earned
Speaker 1: the points to to to get the flight for free.
Speaker 2: You know what, they mess you up though, because I
Speaker 2: thought I was going to do the same thing. I mean,
Speaker 2: I did end up earning a lot of points for
Speaker 2: my wedding related expenses and stuff that helped me pay
Speaker 2: for the honeymoon. But I found that a lot of
Speaker 2: venues will charge you like a three percent credit processing fee.
Speaker 2: So yeah, and at the most you're going to get
Speaker 2: three percent cash back on credit cards now, so it's
Speaker 2: like it kind of negates, oh, the value. So if
Speaker 2: just just pay attention to that, don't swipe if there's
Speaker 2: like it'll it'll take away the benefit if they charge
Speaker 2: a credit processing fee. So just keep that in mind.
Speaker 2: And I mean, you still have time to do what
Speaker 2: I did, which is take out a credit card that
Speaker 2: had a good sign up bonus and then you know,
Speaker 2: as long as you can afford it and you can
Speaker 2: fit it into your finances and then use it so
Speaker 2: that you have some points in the bank that you
Speaker 2: can then use and put toward your honeymoon and.
Speaker 1: Twenty nineteen, Okay, that's smart.
Speaker 2: But at the just just barriers, man barriers, ground rules,
Speaker 2: keep the parents in line, Like just take controls your day. Yeah,
Speaker 2: if you piss. I think people are so afraid to
Speaker 2: piss people off, and like you know, they want we
Speaker 2: want to please everybody on our wedding, and it just
Speaker 2: so quickly can become everybody else's day but yours. And
Speaker 2: I'm really proud that we were able to keep our
Speaker 2: day about what we wanted and when we found valuable.
Speaker 2: And also shout out to my family for not being
Speaker 2: ridiculous drama queens. But if that's what you know, you
Speaker 2: talk about your parents wanting to invite more people, just
Speaker 2: set ground rules, ask them to contribute, and don't be
Speaker 2: shy about it.
Speaker 1: Yeah, it could be crazy. Because when my friends got
Speaker 1: married and she cut her mother off from invitations, her
Speaker 1: mother started photocapping it.
Speaker 2: It was like, oh my god.
Speaker 1: I don't care. I don't care what they look like.
Speaker 1: I'm giving it to my friends. I was like, oh
Speaker 1: my yo. Her wedding was with donkey like it was. I.
Speaker 1: I had never seen that many people in one place.
Speaker 1: I'm like, this is a fire hazard. And she looked
Speaker 1: angry the whole wedding and I was like yea, ye
Speaker 1: oh for her, I know. Literally, I turned to my mama,
Speaker 1: I looked at her. I said, never and she was like,
Speaker 1: I know. I was like, we're not doing this, Like
Speaker 1: I this is crazy. She's like, it is honestly, her
Speaker 1: mother took it too far, but you know, it ended
Speaker 1: up well. She's got like three beautiful kids and she's
Speaker 1: been married for like, I don't know, ten years now.
Speaker 1: So it was one day, but I'm sure it's one day.
Speaker 1: She looks back at it, she's like, my mom's crazy.
Speaker 2: Yes, Well, good luck Mikayla or sorry, good luck Ashlyn.
Speaker 2: One last question, let's do it okay. This one comes
Speaker 2: from listener Charrelle. Okay. Charrelle says, when I was twenty one,
Speaker 2: dumb and in love, I made a terrible financial decision
Speaker 2: as you do, as you do. Yeah, how do you
Speaker 2: know I knew?
Speaker 1: You know?
Speaker 4: I knew?
Speaker 1: Yes.
Speaker 2: So, she says, my ex boyfriend co signed for my
Speaker 2: car because I didn't make enough money to get the
Speaker 2: car I wanted. He offered to do it after I refinanced.
Speaker 2: Two years later, we broke up, but then after that
Speaker 2: his credit sucked and I decided to return the favor
Speaker 2: when he asked me to co sign a car for him.
Speaker 2: So she thinks, so she's paid off her car. She
Speaker 2: refinanced out of her loan to get him off of it,
Speaker 2: and then he comes around later and asks her to
Speaker 2: co sign alone for his car. Okay, So she says,
Speaker 2: it's been three since he's had the car and he's
Speaker 2: never paid the car note on time and has done
Speaker 2: and hastip multiple times asked for a deferment. I've pressed
Speaker 2: him about refinancing it so I can get off the loan,
Speaker 2: but he always says I'm working on it. Fast forward today,
Speaker 2: I get an alert from Credit Karma that my seven
Speaker 2: hundred plus credit score has dropped to the six fifties. Yeah,
Speaker 2: he's over one hundred or sorry, he's over one thousand
Speaker 2: dollars past due on his payments. Right now, part of
Speaker 2: me wants to tell him to turn the car in
Speaker 2: for repossession, and I'll have to swallow that because I
Speaker 2: made a poor financial decision based on emotions. So my
Speaker 2: question is what's worse a whole bunch of late payments
Speaker 2: or a voluntary repo. I'm going to have a nervous
Speaker 2: breakdown because I've worked so hard not to have lazy,
Speaker 2: lousy credit like the rest of my family, and I
Speaker 2: want this situation to be over in the least detrimental way.
Speaker 2: I really love your guys opinion on this.
Speaker 1: First I was like, yeah, he calls out of you girl. Yeah,
Speaker 1: that's this mistake. And I was like, oh, after.
Speaker 2: The broken up, that's so.
Speaker 1: I I you know, I'm not gonna say I've never
Speaker 1: I let me tell you Superman and I got into
Speaker 1: like a very strong conversation when he wanted me to well,
Speaker 1: it wasn't even because if the worst arguments are always
Speaker 1: the fictional ones, like he was like, I would say, oh,
Speaker 1: I told him I would never co sign, and that
Speaker 1: can you imagine we weren't even there was nothing to
Speaker 1: co sign for, just the fact that I was like,
Speaker 1: for the fictional car that you're not getting, I would
Speaker 1: never co sign when we were boyfriend and girlfriend. What
Speaker 1: that's so terrible If you're my girlfriend but you're not
Speaker 1: getting a car so you have you're his girlfriend? What
Speaker 1: that I should co sign? His other girlfriends have co signed,
Speaker 1: and I said, and they were foolish, like, that's not
Speaker 1: My dad always taught me that, like, you don't co
Speaker 1: sign for everyone. He even told me, not even for
Speaker 1: your sisters. If they want to borrow money, then you
Speaker 1: lend in. If they don't pay it back. That's one thing, okay,
Speaker 1: but don't co sign for anyone. And I remember we
Speaker 1: got it was like it was like a week long
Speaker 1: strong debate over something we weren't buying. It was just
Speaker 1: the thought that I would never co He couldn't believe it.
Speaker 1: But yeah, because co signing is you're attaching yourself to
Speaker 1: this person's decisions and you don't have as much control
Speaker 1: as you like. I mean, I don't know which one
Speaker 1: is worth. I mean, honestly, yeah, I don't.
Speaker 2: It's gonna they're both gonna hurt your credit. Like a
Speaker 2: voluntary repot is going to go on your credit report.
Speaker 2: Mispayments are going to go on your credit report, and
Speaker 2: they're gonna stay there for seven years, which sucks. But
Speaker 2: I would say staunch the bleeding as soon as possible. Yeah,
Speaker 2: I mean, I don't know how much power you have
Speaker 2: in it to initiate a voluntary repossession, but just know
Speaker 2: what the voluntary repost. So what's gonna happen is they're
Speaker 2: gonna sell your car and then if the loan balance
Speaker 2: is if there's a loan balance left over, so let's
Speaker 2: say the car is only worth three thousand, but he
Speaker 2: has a five thousand dollars loan, then you're still on
Speaker 2: the hook for that two thousand dollars payment. So if
Speaker 2: you're really thinking about doing a voluntary repo, just be
Speaker 2: ready to help him pay off that debt. I mean,
Speaker 2: it sucks. It's it's either wait on him to get
Speaker 2: around to doing it, or I like, eat it, like
Speaker 2: you said, eat the fact that it was a bad
Speaker 2: financial decision and help him pay it off so that
Speaker 2: you can, you know, wash your hands and be done
Speaker 2: with it.
Speaker 1: Yeah. Yeah, so one one major bump versus continue him
Speaker 1: continuously being late and late and late and late and
Speaker 1: dragging it out. I agree. But yeah, I mean it's
Speaker 1: a good lesson. We all make for financial mistakes. There's
Speaker 1: no way to avoid it. It's just what do you
Speaker 1: do after you make them. Do you stay there and
Speaker 1: kind of like stew in it, or you do take action?
Speaker 1: And the thing about it is, I always say, when
Speaker 1: it comes to budgeting, debt or credit, if I had
Speaker 1: to have an issue, I'd rather a credit issue because
Speaker 1: there are things that you can do fairly quickly to
Speaker 1: raise your credit. Budgeting and savings and debt take more
Speaker 1: time and discipline. If you ask me than fixing credit exactly,
Speaker 1: we look at you examtly. We're all gonna sound like
Speaker 1: my husband, sister's husband.
Speaker 2: It finally got to me three years in.
Speaker 1: Do you have husbanisms that you say? You're like, when
Speaker 1: did I start saying this.
Speaker 2: He's got me saying come on man, after ed I
Speaker 2: love that, and we stay at the same time. Now
Speaker 2: it's really really bad. I gotta stop saying I.
Speaker 1: Don't even know what's something the Superman says, like one
Speaker 1: of my friends said it, well, one of our like
Speaker 1: our couple friends, and she was like, oh my god.
Speaker 1: She was like, I was asking what did I get
Speaker 1: this from? He's like Superman says that. He says, you
Speaker 1: know what, whenever he's done, he's I'm just gonna fade
Speaker 1: the black. You know, I'm just gonna fade the black.
Speaker 1: That's you know. So like I heard her saying, I'm like, wait,
Speaker 1: fade the black. That sounds like Superman. She was like,
Speaker 1: I think that's where I got it. I'm like, we
Speaker 1: all eventually sound like Superman.
Speaker 2: But yeah, remember I said I was going to give
Speaker 2: you the answer, so chase the card. We're talking about
Speaker 2: the lost baggage coverage. So the Chase Sapphire Reserve Card
Speaker 2: is the one that we have, and it does have
Speaker 2: lost luggage reimbursement up to three thousand dollars per passenger.
Speaker 1: Yes see that's awesome.
Speaker 2: Yeah, it's a great little benefit. So keep that in minds.
Speaker 2: And it's it's another reason to book your travel with
Speaker 2: a travel credit card. Credit card in general, because you're
Speaker 2: on you know, you might have more protections, but then
Speaker 2: if you get one with extra protections like that, it
Speaker 2: gives you that extra bit of security.
Speaker 1: I'm not gonna lie, and I am not a huge
Speaker 1: Chase fan, but I do like that card. So because
Speaker 1: Chase has my house, So you know, there's that Think of.
Speaker 2: It this way, like you're making money off of them
Speaker 2: and they're losing money because of you. Because as long
Speaker 2: as you are earning rewards and paying your balance off
Speaker 2: like they're they're they're barely making money off of you.
Speaker 2: I guess. I guess they make a little bit every
Speaker 2: time you swipe your card. But you know you're getting
Speaker 2: yours too.
Speaker 1: Yeah, I'm getting mine. I just don't have my house though, Chase.
Speaker 1: You forgot about that. You know what, I'm gonna come
Speaker 1: down it's fine. I'm in a better space now. No,
Speaker 1: I'm fine. All right. Well that was a awesome session
Speaker 1: of broad ambition.
Speaker 2: Thanks for calling it a session like therapy.
Speaker 1: You guys can always hit us. We love, love, love
Speaker 1: to get your messages. Definitely tweet us at the BA podcast.
Speaker 1: You could use the hashtag broad ambition as well, because
Speaker 1: I look at that too. Hit us on Twitter. We
Speaker 1: are what are we on Twitter? Well, we just type
Speaker 1: in broad Ambition at the b A podcast on Twitter
Speaker 1: because we love reading your your your your tweets, your
Speaker 1: your not your Twitter. I'm meant to say, I G
Speaker 1: what are we on ig?
Speaker 2: At Broad Ambisson Podcast, We're that.
Speaker 1: Too, So we love reading those things. So I just
Speaker 1: love especially me. I'm like, oh yes, tweete